Cryptocurrency

3472 items in section

Jiang Zhuoer projects Bitcoin cycle bottom at $42,000 by late 2026

Bitcoin could hit its next bear-market floor between October and December 2026, according to prominent Chinese miner Jiang Zhuoer. His forecast relies on a long-term cycle model tied to MicroStrategy’s market net asset value, suggesting a price range between $42,000 and $44,000 for the bottom.

CoinEx Under Pressure Following $3.84 Billion Iran-Linked Flows

Investigators have identified $3.84 billion in transactions linked to Iranian entities passing through the crypto exchange CoinEx since 2019. The findings, based on on-chain data and analysis from TRM Labs, suggest the platform served as a conduit for sanctioned funds, including assets previously stolen by North Korean hackers.

Ripple Brings RLUSD to Japan via SBI Group Partnership

Following authorization from the Japan Financial Services Agency, Ripple has officially introduced its dollar-backed stablecoin, RLUSD, to the Japanese market. The rollout, facilitated through the SBI VC Trade platform, marks a significant expansion for the asset, positioning it as a regulated instrument for local retail and institutional users.

Abracadabra triggers emergency rate hikes as MIM stablecoin depegs

The Abracadabra lending protocol has launched emergency measures after its Magic Internet Money (MIM) stablecoin plummeted to $0.50. Facing a severe loss of its dollar peg, the team is aggressively hiking interest rates across all lending markets to force debt repayment and shrink the outstanding supply of the token.

Cathie Wood bets on inflation collapse despite CPI surge

As financial markets brace for a potential interest rate hike following May’s 4.2% inflation spike, ARK Invest CEO Cathie Wood is pushing back against the consensus. She argues that official consumer price indices mask a reality where underlying inflationary pressures are rapidly fading toward near-zero levels.

Michelle Bond Faces November Trial in FTX Campaign Finance Case

A federal judge has cleared the path for the trial of Michelle Bond, rejecting her attempts to dismiss criminal charges tied to her 2022 congressional campaign. U.S. District Judge George Daniels scheduled the proceedings for November 9, moving forward with a case centered on alleged illicit funding from the failed FTX exchange.

Kalshi Challenges Illinois Betting Law in Federal Court

The prediction market platform Kalshi has launched a federal lawsuit against Illinois officials, contending that a newly enacted state law requiring sports contract licenses unlawfully encroaches upon the Commodity Futures Trading Commission's exclusive authority over federally regulated event contracts.

World links AI agents to human identities to curb bot abuse

A batch of 500 limited-edition hats sold out recently, but the buyers were not humans. Instead, AI agents completed the transactions, proving they represented verified individuals rather than bot networks. This experiment highlights World’s new AgentKit framework, designed to tether autonomous software to real-world identity credentials.

Kalshi Seeks $40 Billion Valuation Despite Growing Legal Hurdles

Prediction market operator Kalshi is in discussions to secure new capital at a $40 billion valuation, marking an 82% increase since May. This aggressive fundraising push follows a meteoric rise in trading volume, even as the firm contends with mounting regulatory lawsuits from state authorities and industry rivals.

SpaceX Short Interest Spikes as Traders Bet on Further Declines

Thirteen percent of SpaceX’s public float is now held in short positions, a sharp increase from eight percent just days ago. As the stock sheds more than 25% of its value over the last five sessions, the rapid accumulation of bearish bets has ignited fierce debate over a potential short squeeze.

DOJ Rejects Law Enforcement Concerns Over CLARITY Act Loopholes

Four major law enforcement organizations recently warned that Section 604 of the proposed CLARITY Act could compromise criminal investigations, but the Department of Justice has dismissed these claims as factually inaccurate, insisting the legislation leaves federal oversight of digital assets and prosecution capabilities entirely intact.

OpenAI challenges Nvidia with custom-built Jalapeño chip

OpenAI has entered the competitive hardware arena with Jalapeño, a custom-designed processor built in partnership with Broadcom. Developed in just nine months, the chip is specifically engineered to handle the inference workloads of large language models, signaling a pivot toward full-stack control over its underlying computing infrastructure.

Cynthia Lummis to Release Final CLARITY Act Text by July 4

After months of legislative wrangling, Senator Cynthia Lummis plans to unveil the final text of the CLARITY Act around July 4. The release marks the end of an extensive review process, setting the stage for a critical Senate floor vote later in July as lawmakers aim to define digital asset oversight.

Trump Holds Up Housing Bill, Stalling CBDC Restrictions

Donald Trump has abruptly delayed signing the 21st Century ROAD to Housing Act, despite the legislation securing overwhelming bipartisan approval in both chambers of Congress. The maneuver leaves a critical provision—a five-year moratorium on the Federal Reserve issuing a central bank digital currency—in a state of legislative limbo.

Peter Schiff warns MSTR slide could force Bitcoin sell-off

As MicroStrategy shares dip below the $100 mark, vocal Bitcoin skeptic Peter Schiff is warning that the company’s aggressive accumulation strategy may soon backfire. He contends that mounting pressure from short sellers could leave Michael Saylor with little choice but to liquidate Bitcoin holdings to fund emergency stock buybacks.

Kalshi Expands Crypto Perpetuals as Regulatory Pressure Mounts

As Kalshi adds Zcash, Near Protocol, and Shiba Inu to its roster of CFTC-regulated perpetual contracts, the platform finds itself at the center of a widening legal battle. The expansion brings its crypto lineup to 13 assets, even as federal regulators clash with state authorities and industry giants over market oversight.

Strive and Strategy bet on $3 trillion Bitcoin-linked credit market

Strive CEO Matt Cole envisions a $3 trillion digital credit market anchored by Bitcoin-backed securities, arguing that products like his firm’s SATA and Strategy’s STRC could capture a fraction of the $300 trillion global credit landscape while pushing the price of Bitcoin toward a $1 million milestone.

Binance Scrambles for EU Licensing as MiCA Deadline Looms

With the European Union’s July 1 MiCA compliance deadline approaching, Binance is actively scouting alternative jurisdictions to secure regulatory authorization. The exchange’s primary application in Greece has stalled, forcing leadership to weigh other options to maintain operations for its 4 million regional users as regulators signal potential resistance.

Ripple Lending Protocol Passes Security Re-Audit

Security firm Halborn has cleared Ripple’s XRP Ledger Lending Protocol following an intensive re-audit, identifying zero critical or high-risk vulnerabilities. The review, conducted between December 2025 and January 2026, confirms the protocol's readiness for its upcoming integration into the ledger as a key component of Ripple’s expanding institutional DeFi suite.

Voyager Investors Challenge Dismissal of Suit Against Mark Cuban

Investors who lost money in the collapse of Voyager Digital have escalated their legal battle, filing an appeal with the U.S. Court of Appeals for the Eleventh Circuit to revive a lawsuit against Mark Cuban and the Dallas Mavericks after a Florida judge ruled the court lacked personal jurisdiction.

Robinhood Stock Sheds Bitcoin Correlation as Diversification Takes Hold

After months of tracking Bitcoin’s volatile price action, Robinhood Markets stock has finally decoupled from the flagship cryptocurrency. Market observers note that while the two assets moved in lockstep since October 2025, recent weeks show the brokerage firm’s equity charting its own course, independent of crypto market sentiment.

Ripple’s Reece Merrick Likens Crypto Payments to the Early Dot-Com Era

Drawing a parallel to the year 2000, Ripple executive Reece Merrick argues that the current state of cryptocurrency payments mirrors the nascent, often-dismissed phase of e-commerce before it became a global standard. He suggests the industry is quietly building the foundational infrastructure necessary for inevitable mainstream adoption.

South Korea Cracks Down on 40 Unregistered Crypto Platforms

South Korea’s Financial Intelligence Unit has referred 40 unregistered virtual asset providers to law enforcement, citing systemic risks ranging from money laundering to consumer fraud. The crackdown targets offshore firms that covertly solicit local users through encrypted messaging apps while bypassing mandatory security and financial oversight regulations.

CryptoQuant Urges Strategy to Halt Bitcoin Buys Amid Liquidity Risks

With dividend coverage for its perpetual preferred stock plunging to just 14 months, Strategy faces mounting pressure to pivot. CryptoQuant analysts warn that the company's aggressive Bitcoin accumulation is draining cash reserves at an unsustainable rate, advising a move toward liquidity preservation rather than further market intervention.

OpenPayd Secures MiCA License for EU Stablecoin Expansion

Days before the July 1 deadline, financial infrastructure provider OpenPayd has secured authorization under the European Union’s Markets in Crypto-Assets Regulation. The license allows the firm to offer a suite of regulated crypto services across the European Economic Area, positioning it to scale its stablecoin operations throughout the bloc.

Cboe Enters Prediction Market Space with S&P 500 Binary Options

Cboe Global Markets has officially entered the prediction market arena, launching binary options tied to the Mini-S&P 500 Index through its new Cboe Predicts platform. By offering yes-or-no payout structures, the exchange is positioning these security options as a simplified alternative for traders looking to speculate on index performance.

Meta Engineers Experimental Arena Prediction App

Mark Zuckerberg has mobilized a dedicated team to build Arena, a standalone prediction market platform that operates outside the company’s core social media ecosystem. While initially designed around a points-based system, the project marks a strategic pivot into a sector currently facing intense pressure from federal regulators and gaming industry lobbyists.

SecondFi Security Breach Leaves Cardano Users Facing $20M Loss

A flaw in SecondFi’s native web wallet generation software has exposed user funds to potential theft, with early estimates suggesting losses could climb toward 129 million ADA. While the platform claims the breach is contained, independent security analysts warn the total damage may exceed $20 million.

Congress blocks Federal Reserve digital dollar until 2030

With a decisive 358-32 vote in the House, Congress has cleared the 21st Century ROAD to Housing Act, sending the legislation to President Donald Trump. The bill combines sweeping housing market reforms with a firm legal prohibition against the Federal Reserve issuing a central bank digital currency.